There's Money To Be Made On eBay

Garage sales and flea markets are so 20th century. Today, if you have stuff to peddle, sell it on eBay. You'll be joining thousands of other like-minded people who seek to make money selling their wares on this popular web site. Since everyone is savy to the online selling gravy train, you'll need to make your items stand out in order to make more money on eBay.

Size up the Competition

Before listing your items for auction, check out eBay's Completed Items listings. Here, you'll see what products are up for sale, their prices, and how they are presented. You might also get a better idea on how to title your product to produce a higher price.

Don't overload the auction site with items. You will make more money on eBay auctions if you sell a few items at the same time rather than overload the auction site.

Describe Your Wares

You have limited space for product information so make your words count. In the auction title, avoid words such as "Look," or "Wow." No one types in these words to do a search; use words that potential buyers will likely use do search for your product.

Be generous with information in the auction description. Include any product details that buyers will find helpful. Remember, a picture is worth a thousand words (or maybe a thousand dollars!). A good, color picture is essential to catch the eye of a buyer.

Shipping News

Don't tack on too high shipping/handling costs for your auctions. While your aim is to make more money on eBay, sky high shipping fees may turn off buyers. There's always another seller who will give them a better deal.

Promote Your Wares

To help make more money on eBay, it helps to advertise your auctions on a personal web page. Or, run an online store with links to your eBay auctions. Send emails to subscribers notifying them of upcoming auctions.

eBay Auction Support

eBay provides sellers with several tools to help them navigate the auction process. Automated listing tools allows sellers to post additional listings without going through the "Sell Your Item" process every time. With eBay's Turbo Lister, you can sell your wares without having to visit the web site - and it's free.

If you are selling a very expensive item, it may be beneficial to purchase an auction upgrade from eBay. These upgrades generate more potential buyers. However, the cost of auction upgrades will eat up the profit on lower priced items.

The Right Stuff

Having unique, high quality items is another way to make more money on eBay. Estate sales are great places to find specialty items such as antiques, vintage clothing, and jewelry. You may also find a few nuggets from liquidators who purchase discontinued or last season's merchandise from manufacturers and retailers.

Sources

"Tips for Ebay Sellers: How to Make More Money Off of Your Auctions," (associatedcontent.com)

"How to Make Money on eBay," (submityourarticle.com)

"How to Make More Money With Ebay's Affiliate Program," (bharatbhasha.com)

About the Author

Larry Bregman is an online entrepreneur who can show you several very good home business opportunities that can generate extra income.